Member Info for StanleyPro

sponsored by the shorters who got really worried after a 94.5 resistance test yesterday. Followed by a solid 93 finish and a blue day ahead - at this moment the JPM "note to clients" drops... yeah, right :D

Mooky is the only one fighting to save his & your investments here. Take him out of the equation and you'll get nothing of the Newco.

better than HBR? Maybe TLW is more risky but also slightly better upside here all imv.

From what I'm reading they're proposing to move up the general elections in Peru to 2024. Hardly any help in our situation with permits, it's a mess. HOC really needs to consider moving out of Peru by then.

one thing to take away from the document is that these lawyers charge enormous sums for sending emails and making calls on teams. Hopefully, it won't be wasted effort.

I have to disagree with the first comment, share buyback is much better than divi, especially around 52 week lows. This creates value at the time when inflation is high. For some it's painful to be in the red and you're desperate for some news which would relieve the downward pressure. But equally, it requires a lot of patience waiting for it to go down to 280-290 (some reckon as low as 250 may be possible) to take up an extremely attractive long position.

@Happy, there's a good chance TLW will be profitable but they need to increase production and have some success with exploration. It's all doom & gloom at the moment, our assets alone are worth more than the current mcap which is only 1/2 year revenue. It's an absolute bargain.#notAdvice

if you look at it as the slot to be filled - yes. Otherwise, no change.

@antonvb, I don't buy it, Richard has been there for 11 years and they're talking about a turnaround. Interim since April 2022 and the SP declined from 62 to 38 during his tenure as a CFO, hardly any success.

PMO shareholders got 20:1 deal and it's safe to assume that the avg. for most holders was somewhat >20p before the merger. Only a handful of shares exchanged hands as low as 10-14p when oil was at all time lows. The current SP is 15p old money. We had directors buying at ~350p after the merger so they are under water too. But it's different with EIG but why sell at 300 when you could've sold at 500+? I sold at 400 before the FY results, now looking to get back in, looking for 280-290.

Probably some massive short was open close to 92p this morning.

@Minvest, think you can get more perfect if the SP actually pushes past 92p.

but today it will be bloody just by looking at brent charts

they need to find extra 20-25kbopd

the SP is heading for its third consecutive red finish and this is frustrating.

Berenberg cuts Harbour Energy price target to 320 (480) pence - 'hold'
320?? Is that a 3pm target?

most probably it's going sub £3

"but , what happens when the windfall is lifted ? This share returns to incredible value in the SP and we will of made incredible amounts."
By the time the WT is lifted the oil would be dirt cheap again. :)

"FCF of $250 Million, Gearing below 1.5x."
Rahul's mathematics, how does it work out to below 1.5? Surely not a debt-to-equity ratio.

it would be amazing to see a blue finish and 92p, sets us up nicely to test 94.5 - 95p later this week.